Albuquerque has a population of 562,551 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 562,551 |
| Median Age | 38.0 |
| White | 60.6% |
| Black or African American | 3.2% |
| Asian | 3.1% |
| Hispanic or Latino | 49.8% |
The median household income in Albuquerque is $61,503, which is 18.2% below the national median of $75,149. The per capita income is $36,879. The poverty rate is 16.5%.
The unemployment rate in Albuquerque is 5.5%, compared to the national rate of 5.4%.
In Albuquerque, 90.7% of residents age 25+ have a high school diploma or higher, and 37.8% hold a bachelor's degree or higher (17.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.7% |
| Bachelor's Degree or Higher | 37.8% |
| Graduate or Professional Degree | 17.1% |
The median home value in Albuquerque is $246,000, below the national median of $281,900. The median monthly rent is $1,014. The homeownership rate is 60.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $246,000 |
| Median Monthly Rent | $1,014 |
| Homeownership Rate | 60.7% |
| Vacancy Rate | 6.0% |
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